With our billing services, Iris is intensely focused in increasing your revenue and accelerating your revenue cycle. We employ a team of billing professionals who are specialized in usage of billing systems and are intricately familiar with revenue management.

Charge Entry
Our experienced multi-specialty billing team would do the charge entry into your billing system. All data will be verified prior to submission to ensure that there are fewer denials due to data entry errors.

Posting
Payments from EOBs, charge slips and other documentation will be posted into your billing system within 24 hours. The billing team would also manage secondary payer billing and posting of denials. Every entry is verified through peer reviews to reduce errors. Our team will also help you in managing processing write-offs and adjustments and related correspondence.

Increasing Revenue
Iris diligently follows up with primary and secondary payers to ensure you get paid for services rendered. Iris also follows up with patients to ensure any outstanding dues are paid on time. Iris will work with your collection agencies to help collect unpaid revenue. Cost of outsourcing to our billing service helps you save up to 30% on personnel costs.

Leveraging Technology
Iris uses Medisoft billing software, an acknowledged leader in medical billing software market for billing. Our billing team directly enters all information overnight. It gets verified for accuracy and payer specific formatting and scrubbing and gets submitted electronically. In few cases when payer doesnot provide an option for electronic payment, we would print and mail the claims manually. In specific cases if you prefer, we could also use your billing software using a secure connection.

Accelerating Revenue Cycle
Iris significantly cuts down the delays in your A/R cycle. Iris files almost 90% of claims electronically cutting down the time significantly. Iris gets all input information electronically or through fax eliminating any mailing delays. Once charge code is determined, the charge entry happens overnight. We have two step quality assurance program Our billing team members are used to specifics of individual carriers helping reduce rejections. Also every rejection is turned around the very next day. At Iris, our technology, processes and people are fine tuned for rapid turn around.

Reporting
Iris provides daily, weekly and monthly reports to keep clinic administrator abreast of the financial situation. We provide daily reports of status of data received, claims processed, payments and details of interactions with insurance companies/patients. On a weekly /monthly basis we provide consolidated reports on charges, payments and accounts receivable.

Proven Workflow
Iris has established a proven workflow that reduces lag time and increases productivity and revenue collection. Learn about our coding workflow here.

Free Consultation
At the time of transition, we gather information to help us identify main reasons for your denials and get a head start on speeding up payment. This evaluation report spans the entire A/R cycle and will ensure accelerated reimbursement for services rendered.


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